Homes for sale - 1321 FOREST DR, Annapolis, MD 21403

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Carlyn Lowery

Lowery Home Team at eXp Realty

carlynl@loweryhometeam.com +1(443) 569-3977

$4,500,000

Est. payment - /mo

3,811 SqFt

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UPDATED:

09/24/2024 02:16 AM

Key Details

Property Type Commercial

Sub Type Services

Listing Status Active

Purchase Type For Sale

Square Footage 3,811 sqft

Price per Sqft $1,180

MLS Listing ID MDAA2087840

Originating Board BRIGHT

Year Built 1964

Annual Tax Amount $19,664

Tax Year 2024

Lot Size 2.000 Acres

Acres 2.0

Property Description

"First time publicly offered". The owner/operator is now ready to retire and pass the Baton, after 55 years of service, So, you won't want to miss out on this wonderful opportunity to own this thriving business along with its prime commercial real estate. Under his stewardship and dedication, the owner built this business to become an Annapolis Icon. Being offered is a multiple-faceted business opportunity i.e. in addition to its copious gasoline sales the, business operates a 7-bay service area for automobile repairs (equipped with lifts), it is an Authorized Maryland Inspection Station, a Towing Service with a fleet of tow trucks with varied capabilities, and to complement the towing business there is a secured (income producing) commodious fenced storage /tow yard with approval for 125 automobiles. The real estate portion consists of 2.0 acres +/- of commercially zoned land with a road frontage of 270' +/- AADT count of 46,000+/-. The zoning is split between AA County( C-4) and the City of Annapolis (B-2). The site is served by public utilities i.e. public water, public sewer, and natural gas. A 3,800 sq. ft. building serves as the operational hub which consists of 7 service bays, 2 integrated offices, a lobby (vending & ATM), a service write-up areas, a cashier window, and 3 restrooms (1 is handicapped accessible), 8 security cameras. UST tanks with 30,000-gallon capacity, including diesel fuel (tanks recently underwent state inspection). The apron was recently blacktopped. Currently, the operational level is open 6 days per week and closed on Sundays and all major holidays, thus creating an immense opportunity to increase the sales volume by simply revising the operational schedule.
There is potential for a "C" store conversion on this site. The grounds and workstations are exceptionally well kept. The pride shows. The 2.0 acres is a composite of 5 parcels, with individual account numbers assigned by the SDAT. The lead account shown only covers the main building and a portion of the land and does not reflect the site's overall size. The buyer is to do their own Due Diligence. PREQUALIFIED BUYERS ONLY! NO TIRE KICKERS! This site can only be shown by appointment. A Confidentiality Agreement will be required before any showings. A video accompanying this listing is attached.

Location

State MD

County Anne Arundel

Zoning C-4 & B2

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 175.0

Utilities Available Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available

Water Access N

Street Surface Black Top

Accessibility 2+ Access Exits

Road Frontage State

Total Parking Spaces 175

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Anne Arundel County Public Schools

Others

Tax ID 020600007583600

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Listed by William E Hall • W F Chesley Real Estate, LLC.

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Carlyn Lowery

+1(443) 569-3977

Associate Broker | License ID: 534147

Associate Broker License ID: 534147

1321 FOREST DR Annapolis, MD 21403

Carlyn Lowery

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1321 FOREST DR